Streetbeat News

Analyst Ratings

MU

Micron Technology Inc's shares are trading lower following the company's Q4 financial results. Despite beating revenue and EPS estimates, the company's weak earnings outlook for the fiscal first quarter seems to be negatively impacting the stock. Analysts from Citigroup, Baird, and Rosenblatt have reiterated their ratings, with price targets ranging from $65 to $100.

Portfolio Pulse from Adam Eckert

September 28, 2023 | 1:28 pm

MRMD

MariMed's CEO, Jon Levine, discussed the evolving Illinois cannabis market at the Benzinga Cannabis Capital Conference. He acknowledged increased competition in Illinois but remained confident in MariMed's brand strength and quality. Levine also highlighted the potential impact of rescheduling cannabis, stating it would significantly benefit the industry by reducing taxes and promoting profitability. He encouraged investors to consider MariMed's financials, stating their stock is undervalued compared to competitors.

Portfolio Pulse from Nicolás Jose Rodriguez

September 28, 2023 | 1:23 pm

NEP

Raymond James analyst Pavel Molchanov maintains an Outperform rating on NextEra Energy Partners (NEP) but lowers the price target from $60 to $50.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:22 pm

MU

Morgan Stanley analyst Joseph Moore has reiterated an 'Underweight' rating on Micron Technology (NASDAQ:MU) and maintained a price target of $58.5.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:15 pm

STZ

Constellation Brands's (NYSE:STZ) short percent of float has fallen 17.39% since its last report, with 1.34 million shares sold short, which is 0.76% of all regular shares available for trading. This decrease in short interest could signal a more bullish market sentiment towards the stock. Compared to its peers, Constellation Brands has less short interest as a percentage of float, with an average of 3.93%.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:15 pm

OKE

ONEOK's (NYSE:OKE) short percent of float has fallen 16.29% since its last report, with 17.71 million shares sold short, which is 3.7% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. However, ONEOK's short interest as a percentage of float is higher than its peer group average of 3.68%.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:15 pm

PWR

Quanta Services's (NYSE:PWR) short percent of float has fallen 3.32% since its last report, with 3.72 million shares sold short, which is 2.91% of all regular shares available for trading. This decrease in short interest could signal a more bullish sentiment towards the stock. Compared to its peers, Quanta Services has less short interest.

Portfolio Pulse from Benzinga Insights

September 28, 2023 | 1:15 pm

DNTH

Raymond James analyst Steven Seedhouse has initiated coverage on Dianthus Therapeutics (NASDAQ:DNTH) with an Outperform rating and a price target of $24.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:14 pm

META

Morgan Stanley analyst Brian Nowak has reiterated an Overweight rating on Meta Platforms (NASDAQ:META) and maintained a price target of $375.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:12 pm

BMRN

Raymond James analyst Laura Chico has initiated coverage on Biomarin Pharmaceutical with a Market Perform rating.

Portfolio Pulse from Benzinga Newsdesk

September 28, 2023 | 1:11 pm